“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports.
“We are faced with challenges which come as a consequence of the pandemic and the encapsulation of the world, of armed conflicts with a serious effect on the economy,” Dimitar Glavchev says in a written address. Bulgaria’s membership of the Organization for Economic Cooperation and Development is a priority which will ensure regional stability. Bulgaria must accelerate the process of integration of the countries of the Western Balkans in the EU. This is of prime importance for exploiting fully the potential of the bilateral agreements with our partners from the Western Balkans. The efforts should focus on building the missing infrastructure and energy connectivity, the address reads further.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's..
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